SembMarine unit delivers rig Sembcorp Marine unit Jurong Shipyard launched on Saturday the fourth of a series of four Pacific Class 375 jack-ups rigs originally ordered by Larsen Oil and Gas subsidiary PetroJack ASA.
Maersk shelves new projects A.P. Moeller-Maersk A/S, owner of the world's largest container line, will cancel or postpone all new investment projects to free up cash as access to bank funding remains limited.
Ship arrested for visit to Abkhazia GEORGIAN border guards have detained the Moldovan dry cargo ship Medka, accusing the crew of illegally docking in Sukhumi, the port capital of the break-away republic of Abkhazia
EU to blacklist failing ships AN EU DECISION to ban ships with three detentions from European ports has today been described as the "best way to tackle sub-standard shipping" by European Community Ship Owners Association secretary general Alfons Guinier
India-Pakistan sea trade halts SEA TRADE between Pakistan and India has ground to a halt since the terrorist attacks in Mumbai, shipping executives and agents in Pakistan have told Fairplay
Shipping hails Swedish auto bailout SCANDINAVIA'S vehicle transport sector hailed today's announcement of a 28Bn kronor ($3.51Bn) government bailout for Swedish car manufacturers Volvo and Saab
Tanker markets slowing TANKER markets are slowing this month, and there is little activity in the VLCC market, brokers told Fairplay today
Wallem to train crew in Sri Lanka HONG KONG'S Wallem has set up a unit in Sri Lanka to train ship officers and crew for the international shipping industry, the island's board of investment said today
Strike cripples Marseilles port AN INDEFINITE strike crippled tanker trades today at Fos and Lavera terminals, leaving 55 tankers waiting, according to the Marseilles port authority
Grand Alliance, NWA link on Asia-W. Med Rival consortia pool services between Asia and Europe amid declining cargo volumes, freight rates on critical liner trade route
US-Canada trucks decline
New members for COAC
Seatrain's Pack dead at 90
CMA CGM eyes rail ties
California rules will slash highway truck emissions
Northwest Marine Terminals set general rate increases
Alitalia sold to CAI
Houston port to consider $30 million in Bayport projects
Opportunities Amid the deepening gloom of contracting growth predictions for global trade and a rush to pull capacity from underperforming tradelanes, savvy shipping entrepreneurs may still see the current market as the beginning of an opportunity. And in the murky largely self-regulated world of containers the downturn provides an opportunity to ensure best practice guidelines are more rigidly followed in the entire transport chain.
More capacity added to Asia - South Africa service
MOL Consolidation Service scoops major US retailer contract
WCA sets up pharmaceutical division
Alliances team up on Asia-West med. tradelane to cut capacity
Tallink Silja claims pay-back fairway dues Tallink Silja has filed a claim demanding that the Finnish government pays back between EUR 10 to 20 million that the company has paid in fairway dues, writes daily Helsingin Sanomat. According to the daily, 80 vessels have applied for ...
EU to provide armed guards to ships The EU naval operation Atalanta, may provide armed guards to merchant vessels transiting the Gulf of Aden, Lloyd's List reports. The EU anti piracy operation will first and foremost protect WFP (World Food Programme) vessels delivering food aid to displaced ...
Containers move from west to east in USA The container handling in the US west coast ports declined by 11.2 per cent during the first nine months this year, according to the German bank DVB. On the other hand, the decline in the US east coast was ...
Cruise company latest to suspend surcharge Refunds being offered to guests.
Fleet will save company 7 million litres of bunker fuel a year Cutting fuel consumption helps company reduce emissons.
Falmouth looking busy as holidays approach Supplier awaits HSFO cargo, recommends early bookings for dates around Christmas.
Mixed outlook for European gas oil ARA stocks rise, Rotterdam MGO prices recover from lowest level since May 2005.
ARA fuel oil stocks rise Inventories well above a year earlier, up 21.3% in the past week as there were no exports.
Asian bunkers end week with double-digit gains Markets up following 10% increase in crude oil price.
Sustainable Shipping relaunched to empower maritime companies The subscription-based online news service addresses environmental issues pertaining to the shipping industry.
IEA predicts 2009 oil demand growth Forecast goes against EIA predictions of a 450,000 bpd decline next year.
Singapore bunker prices down to three-year low November's level was the lowest seen at the port since March 2005.
Stena wants LNG-powered MR tanker Working with yards and oil majors on its new E-MAX design which has MGO as back-up fuel.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
